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Episode

Part 2: Pomp On His Businesses, Young Rock Star Employees, And The Internet Entrepreneur Hero
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1:11:45
Published: Tue Mar 21 2023
Description

Episode 434 Part 2: Sam Parr (@TheSamParr) and Shaan Puri (@ShaanVP) are joined by entrepreneur and Bitcoin investor Anthony Pompliano (@APompliano) to explain his businesses, how he gets rock stars on his side, and what internet entrepreneurs that stand out right now. Want to see more MFM? Subscribe to the MFM YouTube channel here. SHAAN'S NEW DAILY NEWSLETTER --> shaanpuri.com ----- Links: * Mark Jenney * Daniel Gross * Pomp Crypto Jobs * The Crypto Academy * Pomp Investments * @pompglobal (Instagram) * @pompofficial (TikTok) * The Pomp Podcast * Anthony Pompliano * Do you love MFM and want to see Sam and Shaan's smiling faces? Subscribe to our Youtube channel. ------ Show Notes: (02:35) - How Pomp makes money (30:05) - How to get young rockstars on your side (50:20) - Who's the one internet entrepreneur you think has figured it out? ----- Past guests on My First Million include Rob Dyrdek, Hasan Minhaj, Balaji Srinivasan, Jake Paul, Dr. Andrew Huberman, Gary Vee, Lance Armstrong, Sophia Amoruso, Ariel Helwani, Ramit Sethi, Stanley Druckenmiller, Peter Diamandis, Dharmesh Shah, Brian Halligan, Marc Lore, Jason Calacanis, Andrew Wilkinson, Julian Shapiro, Kat Cole, Codie Sanchez, Nader Al-Naji, Steph Smith, Trung Phan, Nick Huber, Anthony Pompliano, Ben Askren, Ramon Van Meer, Brianne Kimmel, Andrew Gazdecki, Scott Belsky, Moiz Ali, Dan Held, Elaine Zelby, Michael Saylor, Ryan Begelman, Jack Butcher, Reed Duchscher, Tai Lopez, Harley Finkelstein, Alexa von Tobel, Noah Kagan, Nick Bare, Greg Isenberg, James Altucher, Randy Hetrick and more. ----- Additional episodes you might enjoy: • #224 Rob Dyrdek - How Tracking Every Second of His Life Took Rob Drydek from 0 to $405M in Exits • #209 Gary Vaynerchuk - Why NFTS Are the Future • #178 Balaji Srinivasan - Balaji on How to Fix the Media, Cloud Cities & Crypto * #169 - How One Man Started 5, Billion Dollar Companies, Dan Gilbert's Empire, & Talking With Warren Buffett • ​​​​#218 - Why You Should Take a Think Week Like Bill Gates • Dave Portnoy vs The World, Extreme Body Monitoring, The Future of Apparel Retail, "How Much is Anthony Pompliano Worth?", and More • How Mr Beast Got 100M Views in Less Than 4 Days, The $25M Chrome Extension, and More

Chapters
In this podcast episode, Anthony "Pomp" Pompliano talks about his million-dollar biology bet that Bitcoin will reach one million dollars in the next 90 days, his business empire, and why he shut down his fund and turned off all his advertisers.
00:00 - 02:21 (02:21)
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Bitcoin
Summary

In this podcast episode, Anthony "Pomp" Pompliano talks about his million-dollar biology bet that Bitcoin will reach one million dollars in the next 90 days, his business empire, and why he shut down his fund and turned off all his advertisers.

Episode
Part 2: Pomp On His Businesses, Young Rock Star Employees, And The Internet Entrepreneur Hero
Podcast
My First Million
In this podcast, Pomp talks about his transition from a failed entrepreneur to a successful business owner with multiple companies and a Miami-based office.
02:21 - 08:34 (06:12)
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Entrepreneurship
Summary

In this podcast, Pomp talks about his transition from a failed entrepreneur to a successful business owner with multiple companies and a Miami-based office.

Episode
Part 2: Pomp On His Businesses, Young Rock Star Employees, And The Internet Entrepreneur Hero
Podcast
My First Million
The founder of Earnest Capital, Tyler Tringas, prefers investing in startups personally, rather than through a fund, as it allows him more flexibility and potential to make higher returns.
08:34 - 14:58 (06:24)
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Investing
Summary

The founder of Earnest Capital, Tyler Tringas, prefers investing in startups personally, rather than through a fund, as it allows him more flexibility and potential to make higher returns. He believes that investing smaller amounts, around $50,000-$100,000, can still result in successful businesses with steady profits over time.

Episode
Part 2: Pomp On His Businesses, Young Rock Star Employees, And The Internet Entrepreneur Hero
Podcast
My First Million
A college student built a successful business by visiting local businesses and generating $50,000 in monthly revenue within four weeks while working on his lunch breaks at Target.
14:58 - 20:09 (05:10)
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Entrepreneurship
Summary

A college student built a successful business by visiting local businesses and generating $50,000 in monthly revenue within four weeks while working on his lunch breaks at Target.

Episode
Part 2: Pomp On His Businesses, Young Rock Star Employees, And The Internet Entrepreneur Hero
Podcast
My First Million
In this episode, Sam Bankman-Fried, the founder and CEO of cryptocurrency exchange FTX, talks about the pros and cons of starting internet-native businesses, the importance of grammar and punctuation, and his willingness to debate anyone on any topic he thinks he understands.
20:09 - 24:54 (04:45)
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Cryptocurrency
Summary

In this episode, Sam Bankman-Fried, the founder and CEO of cryptocurrency exchange FTX, talks about the pros and cons of starting internet-native businesses, the importance of grammar and punctuation, and his willingness to debate anyone on any topic he thinks he understands.

Episode
Part 2: Pomp On His Businesses, Young Rock Star Employees, And The Internet Entrepreneur Hero
Podcast
My First Million
The magic of effective communication lies in the serendipity and back-and-forth nature of collaboration.
24:54 - 29:36 (04:41)
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Communication
Summary

The magic of effective communication lies in the serendipity and back-and-forth nature of collaboration. Without that, even a written communication between two individuals may lack the necessary charm and effectiveness.

Episode
Part 2: Pomp On His Businesses, Young Rock Star Employees, And The Internet Entrepreneur Hero
Podcast
My First Million
The speaker predicts that more people will move their businesses online, impacting physical stores.
29:36 - 33:07 (03:31)
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Online Business
Summary

The speaker predicts that more people will move their businesses online, impacting physical stores. Moreover, he argues that companies should seek out young and energetic "awesome idiots" who have potential and run through walls to discover something new.

Episode
Part 2: Pomp On His Businesses, Young Rock Star Employees, And The Internet Entrepreneur Hero
Podcast
My First Million
The podcast speaker shares some communication hacks he has discovered, such as posting on Instagram stories or engaging with those who have a bigger social media following.
33:07 - 37:17 (04:09)
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Communication
Summary

The podcast speaker shares some communication hacks he has discovered, such as posting on Instagram stories or engaging with those who have a bigger social media following.

Episode
Part 2: Pomp On His Businesses, Young Rock Star Employees, And The Internet Entrepreneur Hero
Podcast
My First Million
The host discusses the importance of having unconventional and risk-taking individuals in a team and how these people often end up doing more interesting things in their businesses.
37:17 - 40:27 (03:10)
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Business
Summary

The host discusses the importance of having unconventional and risk-taking individuals in a team and how these people often end up doing more interesting things in their businesses.

Episode
Part 2: Pomp On His Businesses, Young Rock Star Employees, And The Internet Entrepreneur Hero
Podcast
My First Million
A product designer talks about his latest project, a D to C product aimed at 13-year-olds that he believes will be the number one thing kids want for Christmas.
40:27 - 43:36 (03:08)
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Product design
Summary

A product designer talks about his latest project, a D to C product aimed at 13-year-olds that he believes will be the number one thing kids want for Christmas.

Episode
Part 2: Pomp On His Businesses, Young Rock Star Employees, And The Internet Entrepreneur Hero
Podcast
My First Million
The speaker had a meeting with a young entrepreneur who had extensive knowledge about business, IP and physical store distribution.
43:36 - 46:10 (02:34)
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Business
Summary

The speaker had a meeting with a young entrepreneur who had extensive knowledge about business, IP and physical store distribution. The speaker realized that selling blinged out rapper gold chains can be profitable.

Episode
Part 2: Pomp On His Businesses, Young Rock Star Employees, And The Internet Entrepreneur Hero
Podcast
My First Million
The host talks about the different styles of podcasting such as interview shows and solo talk shows, as well as discussing successful entrepreneurs that aren't well-known and the importance of keeping podcast conversations loose and fun.
46:10 - 52:25 (06:14)
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Podcasting
Summary

The host talks about the different styles of podcasting such as interview shows and solo talk shows, as well as discussing successful entrepreneurs that aren't well-known and the importance of keeping podcast conversations loose and fun.

Episode
Part 2: Pomp On His Businesses, Young Rock Star Employees, And The Internet Entrepreneur Hero
Podcast
My First Million
Being a free agent allows for flexibility in exploring different opportunities and going to the source of innovation.
52:25 - 57:43 (05:17)
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Career Development
Summary

Being a free agent allows for flexibility in exploring different opportunities and going to the source of innovation. The next interesting thing is often not what the last interesting thing looked like.

Episode
Part 2: Pomp On His Businesses, Young Rock Star Employees, And The Internet Entrepreneur Hero
Podcast
My First Million
People's opinions and decisions can easily be influenced when one person introduces a new idea or perspective in a friend group and it can lead to unconventional schemes and decisions.
57:43 - 1:01:39 (03:55)
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Influence, Friend Groups
Summary

People's opinions and decisions can easily be influenced when one person introduces a new idea or perspective in a friend group and it can lead to unconventional schemes and decisions.

Episode
Part 2: Pomp On His Businesses, Young Rock Star Employees, And The Internet Entrepreneur Hero
Podcast
My First Million
The speaker praises Joe Rogan's intelligence and praises his ability to always do interesting things, citing his interview with the creator of TikTok as an example.
1:01:39 - 1:05:32 (03:52)
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Joe Rogan
Summary

The speaker praises Joe Rogan's intelligence and praises his ability to always do interesting things, citing his interview with the creator of TikTok as an example. The speaker also suggests that many people turn to the internet to escape local life.

Episode
Part 2: Pomp On His Businesses, Young Rock Star Employees, And The Internet Entrepreneur Hero
Podcast
My First Million
The speaker recounts their experience working as a campus escort for Joe Montana during a veterans event and feeling nervous to talk to him as a celebrity.
1:05:32 - 1:08:14 (02:42)
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Celebrity, Campus Event
Summary

The speaker recounts their experience working as a campus escort for Joe Montana during a veterans event and feeling nervous to talk to him as a celebrity.

Episode
Part 2: Pomp On His Businesses, Young Rock Star Employees, And The Internet Entrepreneur Hero
Podcast
My First Million
The speaker shares a cringe-worthy experience of introducing himself to a member of the partnerships team, only to find out that they barely knew each other, and encourages others to "shoot your shots" when given the opportunity.
1:08:14 - 1:08:58 (00:44)
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Networking
Summary

The speaker shares a cringe-worthy experience of introducing himself to a member of the partnerships team, only to find out that they barely knew each other, and encourages others to "shoot your shots" when given the opportunity.

Episode
Part 2: Pomp On His Businesses, Young Rock Star Employees, And The Internet Entrepreneur Hero
Podcast
My First Million